As part of its efforts to ensure that its registered contractors and vendors have access to bank loans at very competitive terms and rates, the Nigeria Liquefied Natural Gas Limited (NLNG) Limited has launched a $1 billion local vendors financing scheme. The company has also signed a Memorandum of Understanding (MoU) with five participating banks […]

Omobola Johnson, Nigeria’s minister of communication technology, has said there remains a “negative trade balance” between locally produced and foreign ICT products. Johnson was speaking yesterday (Tuesday) at the e-Nigeria Conference, in Abuja, when she said she believes they were making some good progress towards the 50 per cent target of ICT local content. “The […]

Participants at the 3rd Practical Nigerian Content Workshop held in Yenagoa, Bayelsa State last week have advised the Federal Government to continue driving the oil and gas industry with an “in-country value” focus as opposed to the previous strategy which was “revenue focused.” This was one of the key resolutions at the two-day workshop attended by over 400 […]

The Nigerian Content Development and Monitoring Board (NCDMB) and the Presidential Amnesty Programme are to collaborate towards integrating ex-agitators from the Niger Delta into the Oil and Gas Industry. This was mooted when the Executive Secretary, NCDMB, Engr. Ernest Nwapa hosted the Special Adviser to the President on Niger Delta and Chairman of the Presidential […]

In furtherance of its commitment to increase the participation of Nigerian companies and individuals in its supply chain and operations to ensure that as many Nigerians as possible benefit from its operations in tandem with the objectives of its Nigerian Content Development Policy and the NOGICD Act, Shell Petroleum Development Company (SPDC) of Nigeria Limited […]

Operators of oil and gas free zones in Nigeria should encourage the manufacturing of components for the oil and gas industry and spearhead research activities on their facilities, the Executive Secretary, Nigerian Content Development and Monitoring Board, Engr. Ernest Nwapa has said. Speaking in Port Harcourt at the just concluded Nigerian Oil and Gas Trade […]